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I am currently in a back and forth bidding situation. I wouldn't call it a bidding war. Yet! The property in question is roughly 2.5 acres. It checks all my boxes for potential. EXCEPT!... There is a home dead smack ...
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Completing a Rehab during the Coronavirus OutbreakThis originally was going to be a blog post but I decided to post it in the forum to have more people view. Thank you.
Let me first start off by saying that this reha...
Hello friends! Bit of a long read but I REALLY want to hear everyone's opinion on this and help manage expectations here. I worry I may be a bit harsh on this but I don't want to continue being so lenient either..TL;D...
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The owner of a duplex is facing a number of charges following a fatal fire over the weekend.Under the fire code the landlord is facing two charges for not having proper smoke detectors and two charges for failing to h...
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Looking to create an LLC and buy my first property to renovate and then rent out of possibly sell. (BRRRR)This house is listed for 100k, 4bd, 4 bath. It is in an extremely high and up and coming area. Other house on t...
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Hi, my name is Eric McMullen, I'm new to the site, I'm live in Salem, Oregon. I retired after 26 years in the fire service, and am now a licensed contractor and a licensed home inspector. This past year, I decided to...
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Hey, so I found a deal where a house is selling for $4,500 (yes I put that correctly). I visited the house today and it is a different type of house that it was listed for. It was listed as a studio, but when I went i...
I just got approved on owner-occupied mortgage on a triplex and bought same type of hazardous/fire insurance. Unfortunately, the notified tenant refused to leave and I started the eviction process, which can easily ta...
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Hi Biggerpockets,
I recently had a tenant that caused a fire by knowingly leaving their apartment while she had items on the stove with the burners on. While they was gone, one of the items they had on the stove cau...
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Linky link. For those unaware, we had a tragedy in Oakland this past weekend. Fire. About two dozen people lived in the building. Dozens are dead, in what reads like something out of the developing world: very large p...